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Indian stocks edge higher; banks lead way
* Banks gain as recent steep losses seen excessive * Titan up on tax authority clarification on gold duties * Nifty's seen supported at 200-day moving average By Abhishek Vishnoi and Manoj Dharra MUMBAI, March 20 (Reuters) - Indian shares posted their first winning session in four with lenders recovering as recent steep losses were overdone, but bigger gains were capped by auto stocks such
* Banks gain as recent steep losses seen excessive * Titan up on tax authority clarification on gold duties * Nifty's seen supported at 200-day moving average By Abhishek Vishnoi and Manoj Dharra MUMBAI, March 20 (Reuters) - Indian shares posted their first winning session in four with lenders recovering as recent steep losses were overdone, but bigger gains were capped by auto stocks such
Jet Airways says to clear tax debt by Monday
MUMBAI, March 11 (Reuters) - Tax authorities have warned top Indian carrier Jet Airways its bank accounts will be frozen if it does not clear outstanding dues of about 690 million Indian rupees
MUMBAI, March 11 (Reuters) - Tax authorities have warned top Indian carrier Jet Airways its bank accounts will be frozen if it does not clear outstanding dues of about 690 million Indian rupees
Rise in excise & service tax rate will have an inflationary impact: R V Kanoria
Since the excise and service tax rates were raised in the Union Budget for 2012-13, the industry has been warning of inflationary pressures. Federation of Indian Chambers of Commerce and Industry
Since the excise and service tax rates were raised in the Union Budget for 2012-13, the industry has been warning of inflationary pressures. Federation of Indian Chambers of Commerce and Industry
Kind cruelty
In his Budget speech last week, when Finance Minister Pranab Mukherjee quoted from Shakespeare’s Hamlet “I must be cruel only to be kind”, some people wondered what he meant. At a
Gowda presents surplus Budget reduces VAT rates
Chief minister D V Sadananda Gowda on Wednesday presented a surplus budget for fiscal 2012-13, with a reduction in the rate of value added tax (VAT) on several products consumed by the common man.
Post-Budget, gold volumes crash in futures market
The post-Budget demand for gold has almost become nil in the physical as well as the futures market, due to several taxes imposed by the government. When the physical market opened after three days of
The post-Budget demand for gold has almost become nil in the physical as well as the futures market, due to several taxes imposed by the government. When the physical market opened after three days of
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